The news from the Russia-Ukraine line last week, bitcoin It was quite effective on
We saw that the activity on the Ukrainian border decreased the risk appetite on the last trading day of the week and the sales in the US indices approached 3%.
Entering the weekend in an environment with a low risk appetite in cryptocurrencies We see that the situation is not very different.
increasing its correlation with the US stock markets from late 2021. of bitcoin We watch him react to every positive and negative news on the Ukrainian border.
In this context, some news about Ukraine at night in bitcoin increased sales.
Reuteurs, in its news based on the White House at night, said that “Russia may attack Ukraine “at any moment”. This led to an increase in sales in Bitcoin.
“The White House told US President Joe Biden’s national security team that they believed Russia could launch an attack on Ukraine “at any moment” and planned to gather their senior advisers on Sunday to discuss the crisis.” -Reuteurs
Sharing footage showing some tanks moving across the border also strengthened the “operation is imminent” idea.
Fear is in the Foreground
At this point, we see that the effect of speculative explanations on the markets has increased. Because there is a state of extreme fear in the market.
While the US indices, which closed last week in the oversold region, were preparing for the new week with the Russia-Ukraine agenda, the eyes were turned to positive news that brought diplomacy to the fore. If there is a news flow in this direction, Bitcoin will heal its wounds along with the markets.
bitcoin As of our news hour, it continues to be traded at $38700.